Wow — Microsoft offers nearly $45 billion for Yahoo
Posted by: Brian Eastwood
Woke up to some stunning news this morning — Microsoft made an unsolicited offer to buy Yahoo for $44.6 billion. That works out to $31 a share, which is a 62% premium on the closing price of Yahoo stock last night ($19.18).
As Dare Obasanjo put it: “WOW. Just…wow.” Meanwhile, Reuters reminds us that this would be the biggest Internet deal since the AOL-Time Warner merger — which, if you recall, didn’t quite go so well.
Microsoft offers to buy Yahoo for $44.6 billion. Stay tuned for details.
UPDATED Feb. 4 — We’ve added a story that tries to make sense of everything that has developed since Friday morning. It’s called Assessing Microsoft’s bid for Yahoo, and we hope it is more helpful than confusing.



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